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minutes that window was big enough and right in time for the shuttle to take off today. >> chad, same kind of rules apply, weather standards for the landing that's coming in 12 days? >> a little bit even -- i would say a little bit more conditional on the rain factor because it's a bigger circle. right now all we had to do was shoot this thing straight up. when we land this thing it has to be very dry. you can't have showers around it. think of a dry day in florida in the summertime. you have to go up edwards, one time to white sands but you cannot fly the shuttle because it's screaming hot. thousands of degrees, you can't bly that through a rain shower. the criteria more tense, harder to get through to land this thing back here at kennedy, but they have a big time -- they're going to have a big-time party when this thing finally does come back here. >> chad myers, appreciate that breakdown. good to see you, as always. thanks to our john zarrella. eight minutes past the hour. >>> sound effect is the u.s. labor market sputtering to a virtual standstill. as you know by now, the economy added
tom skilling telling us about a spike in temperatures coming soon. ♪ mmm. oh gosh. oh dear. big deal. you're delicious. so what. i've got news for you. there's no such thing... ...as a bear sheriff. you think i'm afraid of you? hey what? you don't have to be mean to the cake. i do. you don't. i do. just eat yoplait light. they have great flavors like... boston cream pie raspberry cheesecake. even though i work here, i've lost weight. wow. yeah. carry on. (announcer) 28 delicious flavors at around 100 calories each. itst i finished back to school shopping and won't get a bill for any of it! come on... i used kmart layaway - no finance charges! kmart layaway is the easy way to pay - start with $5 and a little down then pay the rest over 8 weeks. now that's kmart smart! wgn news @ 9 high stakes politics taking place in the nation's capital no agreement on what to do about the debt ceiling at more finger- pointing today >> all across capitol hill warnings a default could hit the country >> a terrible outcome >> warning to default would hurt you >> the
'll keep a close eye on baby jamichael, a big kid. that's it for me on "wake-up call." "american morning" begins right now. >> good morning to you. i'm kiran chetry. a lot going on. let's get you caught up. the end of the line for the "news of the world." the british tabloid shutting down after sunday's edition after new reports that the paper reportedly tried to hack the phones of 9/11 victims. >>> a deal to raise america's debt ceiling still out of reach. talks continue today with the president warning we have ten days left to get an agreement or risk default on this "american morning." >>> and good monday morning to you. start of another week here on "american morning." it is july 11th. nice to see you back. >> great to see you. >> the shuttle went off on the first try. >> i couldn't believe it. we were all thinking the weather was horrible but it went off. can't get the three of us together a whole lot. christine is off. >> summer vacation. >> no deal on raising the debt ceiling. last night talks at the white house fizzled out. president obama making it clear with 23 days to go befor
. >>> it will be a big day in the casey anthony murder trial. closing arguments in that murder trial is just a few hours away. court is scheduled to start at 9:00 a.m. eastern time. casey anthony, as you know, accused of murdering her 2-year-old daughter caylee yesterday. there was a vigil for caylee near the spot where her body was found. the case expected to go to the jury after closing arguments. this all began in late may. casey anthony facing seven charges, including capital murder. that means she could face the death penalty if she's found guilty. the defense and prosecution both wrapped up their cases last week. casey anthony decided not to testify in her own defense. more on that throughout the morning. >>> also, a jailhouse phone call is raising more questions about the accuser in the dominique strauss-kahn sexual assault case. the former chief of the international monetary fund was released from house arrest on friday. mr. strauss-kahn is accused of sexually assaulting a hotel maid and last week prosecutors said the accuser's story raised credibility questions. cnn national correspondent susan
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
the road so we did not end up in this fiscal mess. >> everyone is going to the movies and a big story in the country right now and it relates to what is going on in the debt battle, the white house versus congress right now, battling, and president and cantor, reminiscent to harry potter and it ends this week. there is president obama versus speaker boehner. >> it would be terrifying if they had magical powers. how scary. >> who would be harry potter? >>dave: we will give you an idea, we compared the two in a roll out of this battle versus harry potter. look at this. >> i've been hearing from my republican friends for some time it is a moral imperative to tackle our debt and deficit in a serious way so i have said to them, let's go. >> we are in a crisis. >> i'm voting "no," on the debt ceiling. >> failing to raise the debt ceiling would be armageddon. >> i will not sign a 30-day or 60-day or 90-day extension. >> this debt limit increase is his problem. >> failure is not an option. >> this could have been avoided. >> you think you can hold the government ransom? >> we will in the supp
. >> reporter: drunk driving is another big no-no. >> it's a holiday season and people want to enjoy themselves, don't get behind the wheel. >> i drive aggressively. >> reporter: it's a warning this driver will take with him. >> slow down and keep an eye out for the police, i guess. >> reporter: it's not just maryland, but washington, d.c. and pennsylvania and more will have the smooth operator campaigns in full effect this week. >>> and the tipsy taxi program is offering free rides home in baltimore city for those drinking on the 4th of july. you can call for more information. that number is available at most bars and restaurants in the area. >>> derek jeter is ready to return to the lineup. he went 1-2 yesterday. he had a right calf strain. he'll be in his 12th all-star game. >>> an oriole will be heading to the game as well. he'll be the first oriole to join the game since 1989. he'll play in texas tonight. later, with a one run lead, kevin gregg gets chipper jones out and the orioles win it, 5- 4. >>> now, despite the tough economy, the fireworks business is booming. there will be more than
has some asking if president obama could simply big foot congress and ordered the treasury to keep borrowing. the argument is based on a little known section in the 14th amendment stating the public debt of the united states shall not be questioned. >> if the congress refuses to act, the argument would run, the president of necessity must act in order to follow the command of the constitution. >> the idea highly -- highlights how desperate the debate has goten. >> that's crazy talk. it's not acceptable for congress and the president not to do their job and to say somehow the president has the authority to then basically do this by himself. >> as the clock ticks down with no sign of progress, americans like courtney hine ton who -- hinton who works hard and lives on a tight budget can only watch in disbelief. >> this bickering and waiting to the last minute, we're not benefitting from that. >> reporter: as washington returns from the holiday weekend, sources close to the negotiations say a deal has to be reached by july 22nd in order to get it through congress in time. witt johnson,
was ready to try again to do something big to control the debt. the ensuing days, the two sides forged common ground on the strategy raising the debt limit and cutting more than $4 trillion out of the federal budget that would take place through 2021. the speaker put out a statement in connection with the comments he made to the press yesterday. here is a bit of it for you. he said: in the end, he writes, we couldn't connect. not because of different importants, but different visions for our country. the president is emphatic taxes have to be raised. i know that tax increases destroy jobs. the next page, mr. boehner goes on to say, the president is adamant we can't make changes to entitlement program. i know the programs won't be there for my daughter's generation unless significant action is taken now. i have decided to end conversations with the white house and begin conversations with the leaders in the senate in an effort to find a path forward. again, the leaders are going to the white house today to meet with the president. the minority leader also putting out a statement becaus
's a big deal for the country and the guys behind you. i saw an opportunity to do a little bit more. >> reporter: he's from dalton, georgia. a father of a 2-year-old boy. on this day, a tip comes in. jones and his team prepare for a tough day. >> bad day is coming out andnd doing our jobs and something going on. >> reporter: there are no big bomb suits. they prepare to detonate the ied. there's an achingly long silence, an then -- the blast rings in our ears. we walk to the crater. a local resident says there are three more this the area. >> get them out of here. >> reporter: hearts pounding, we follow our own footsteps across the canal. >> it is a good day. >> reporter: after we leave, joneneupdates our team with facebook messages. >> we have worked more ieds than any marine team in the country since march. shortly after y'all left, things got pretty hairy. we spent a few days fighting a lot and ieds became more complex. >> reporter: things were about the get immeasurably worse. they're sent out on a routine mission. defuse bombs in five days. jones takes a wrong step, triggering t
the world cup final. >> big victory to talk about. >> that's it for us. "cnn newsroom" begins right now with kyra phillips. you have a busy morning. >> we do. a lot to talk about. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> the nation's debt crisis. the clock ticks and pressure builds. the president tells the congressional leaders you have 24 hours or less to make something has been. >>> a top murdoch executive resigns this morning. rebekah brooks former head of the disgraced tabloid "news of the world" is gone. >>> in southern california, drivers buckling up for carmagedd carmageddon. a bridge demolition that will close down 405, one of california's busiest highways. >>> we begin with the resignation of a key executive in the rupert murdoch media empire. rebekah brooks is out. many people were outraged when brooks kept her job after the newspaper was shut down for scandalous reporting tactics. and as brooks steps down, the investigations ramp up. the fbi now investigating the murdoch empire right here in the united states. lawmakers dema
is a big question and when we should be jumping to conclusions about. >> giuliani is also a longtime friend of rupert murdoch. >>> now the nation's debt crisis and a new deadline. forget august 2nd. the president says it's decision time now. here is what he told congress. you've got 24 hours or less to move forward on a deal. and then there is this dire message from the big three global credit ratings agencies. if a deal isn't reached soon, they will downgrade the nation's credit standing. the president speaks to the american public today. a news conference less than two hours away from now. 11:00 eastern. we will carry it live. >>> let's get to the white house and dan lothian. what do we expect the president on say come 11:00? >> reporter: well, a senior administration official telling me the president will be explaining to the american people where they really are in this process, what he has asked congressional leaders to do, and how he is still pushing for the biggest deal possible. another white house aide telling me the president will continue in that press conference to make the case
if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i first met years ago. back then -- this is long before the financial crisis -- elizabeth wa
: this is an upper biggest problem. we are left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and programs are you talking about? caller: all of their subsidies and not paying any taxes. host: we will leave it there. please turn down your television sets when you call in. florida, this is a comment from twitter. another call from minnesota this morning, what to cut what to keep? caller: i am a republican. it is hard to hear that we are the party of no, no, no. at the federal level, of our government has shut down because they cannot come together. republican-led states that do not have cannot of raising of taxes, the states are not in a deficit and not in a shutdown
speaker john boehner today. not going for a big huge deal now. this is part of what chuck schumer had to say -- >> shannon: your response? >> i suspect that is more of the grand politics that you hear playing out there. because it was never put on the table. the kind of reform that john boehner has been asking for, the kind of reform i'm talking about. what was put on the table was again, tax hikes on the wealthy. so that we can do less spending reduction. we've got to get out of that paradigm. we've got to get out of the politics. some of the politics poll really well. one of the problem we're having now is pollsters are at full employment. and politicians are following what they are telling them. it's telling them on the one hand don't put social security or medicare on the table. don't talk about those things. on the other hand, just talk about taxing the rich. you will be fine. but that doesn't help us get to a solution. >> shannon: we certainly hope that you find one. we know you are busy not only with the gang of six or five or whatever it currently stands to be but with everyth
, 6:00 out west. here is what's happening foreyou this morning. big news on the debt ceiling on the eve of today's meeting at that time white house. republicans pulled out of the grand bargain. the grand deal called for $4 trillion in spending cuts. republican house speaker john boehner says he wants no tax hikes included in the deal. could a plan for $2 trillion in cuts still work. nbc news white house correspondent mike viqueira has more on why this collapsed. >> good morning, thomas. >> john boehner is voting for a smaller measure. what's included in the $2 trillion plan that's getting these talks still invigorated? >> let's first sift through the wreckage of what happened late last night. it is extraordinaire, thomas. president obama and house speaker john boehner had agreed they wanted to go big. bigness is a target they said here at the white house. $4.5 trillion, it would have been on a historic scale. we're talking about a dramatic over all of the tax code, reducing tax rates. eliminating entire tax brackets, simplifying the tax code, closing loopholes, tax breaks, su
of the big stories of the day. i think everybody is talking act this. it was a bombshell verdict. the question, was justice served in the anthony trial? carol. everybody has been talking about this nonstop. >> it seems that way. it's crazy. even people who are talking about it deny it later because they are embarrassed. it's out there. casey anthony might be a free woman as soon as tomorrow, found not guilty of murder. she could be sentenced to time served for lying to investigators. if that happens, they have a plan in place to sneak her out of the courtroom for her own protection. not accusing anyone. the emotion surrounding the case is frenzied. >> i don't know if they are watching the same thing we were. it's just shocking. i don't know. i don't watch anything like this, but the little girl. it's just wrong. >> a jury found casey anthony not guilty. an alternate juror telling us the question of how she died was not answered. in public opinion, anthony is guilty as sin. >> most people, even the prosecution thought it was a slam dunk. you know what i think happened here? appare
court term began, two of the big lens or person in the cases come if you protest a chemist vendor versus phelps in the videogame case from which ended at being caught brown v. entertainment software association. both of those cases brought with them the chance to explore first amendment issues in the internet era and they ended up really not doing that at all. the funeral case had a component to it involving an online screed against their parents of corporal snyder, which the court completely declined to address it all and instead look at it as a type of dinner plates. the videogame case again had the potential of looking at whether this new medium has something different than the other new media that arose over the centuries, but instead decided it did not impose either unanimous word you unanimous holdings getting to that resold. we have as well i suppose we should be grateful for arizona's contribution to the supreme court docket with the tuition tax credit case in the clean elections case which was perhaps again i say the clean elections case the perhaps most predictable outcome, the
's why. big area of high pressure. there's a big strong upper ridge. this is just a heat pump that will continue. and the bad news is, this goes into at least thursday. in fact, jet stream guns up a little further into canada so that heat will be creeping up north as the ridge intensifies. we don't see this breaking down at least until the weekend. so the mid section of the country is going to continue to bake the northeast gets a little bit of a break as we head on into the next 72 hours. ann? >> all right, al, thank you so much. we'll get the rest of your forecast in a bit. >>> for now, to britain's deepening phone hacking scandal. this morning there are claims that journalists from other rupert murdoch's other papers were involve and the alleged target is former p.m. gordon brown. stephanie goss is in london with this. stephanie, good morning. >> good morning, ann. gordon brown does not mince his words when he spoke to the bbc this morning about rupert murdoch's papers me said those papers used people to gather information on known criminals. the allegations appearing in th
of stuff coming up with all the excitement coming up and weather going on and now the weather maps. big story the last couple of days has been a nonstory, tropical storm don became nothing, unfortunately. folks in texas hopes to get a big storm out of this and get some rain at least. the storm slowed up and they did not get the rain. across the eastern part of the country, across coastal areas, there was some rain but not too far inland but they will take anything they can get the entire state of texas is dealing with the worst drought they have ever had and now the radar, the eastern part of the country will deal with storms. it is hot. humid. we will see more storms this afternoon. texas unfortunately is not beginning to get much rain. in the northern plains, big storms, and some this afternoon, and they will be severe, keep that in mind, and across the west, we will continue to deal with storms cross the four corners. and now, everyone is excited about the state fair for the food and this year, those are doughnuts and a burger. and bacon. how is that for breakfast? take a bite. >> ri
in transforming themselves, she's one of the big reasons why. please help me in welcoming to the stage, liz schuller. [applause] >> thank you. all right. thank you, barry, for the introduction. and i'd like to think raj for raising the bar. thanks a lot for the rest of us and not those creative messaging tools that we all need to address inequality. i wish i would have heard her before my speech. so why am i here as part of this panel? the whole point of what i want to talk to you today is the power of collective action and how it could counter the rise in inequality and how unions fit into that picture. now, when i think about inequality, especially, as of late, i think about those teachers in wisconsin, construction workers in ohio, nurses in new hampshire, who have been locked out and denied their basic rights to collective bargaining. we've seen what it looks like the state capital in wisconsin and we show you now what's happening in office buildings all across this country. ♪ >> here's to america's workers. when the economy was down, they sacrificed. during tough times when executive
with the pie. [unintelligible] host: do you think that this is a big deal at all? in aer: in a way, yes, and a way, no. he is a nice man, but he is too old. it takes a man that this young to do something like that host: do you think you could run all of those companies? caller: me? i am a painter. host: i know. i have your painting in my office. caller: my wife is looking at me and telling me to tell you good morning. host: good morning. send me your e-mail address and i will send you a picture of it in profit -- in my office. caller: listen, my wife's birthday is tomorrow, she turned 81. host: that is right. you married an older woman. mr. peterson, you enjoy that heat wave in texas. we have got to get moving. we appreciate it. this would message, regarding the phone hacking scandal -- host: mike is a republican in arizona. hello. caller: i can see this going on in great britain, i guess the police are involved. but then they are doing it for us in the same manner. scanning e-mails, looking for certain words and what ever. i do not see any difference. i mean, they are exchanging inform
and dime the people who need it most but when it comes to war, there's a big, fat blank check. we need to be honest with ourselves. we need to be honest with each other. across the country, the americans, hard working, tax paying citizens who oppose war. they oppose their hard earned dollars being sent overseas to support 10 long years of war. but let me be clear. they do not oppose paying their taxes. they are not anarchists rr anti-government activists. but as conscientious objectors to war these americans want their taxes invested here at home. think want to provide food for the homeless, pave roads and strong schools. they want medicare and social security to exist for their parents, their children and their grandchildren. they want their tax dollars to care for soldiers and their families when they return home. they will see an end and cure to cancer. they want a cure for aids. they want to see small business thrive. and innovation become the en-in of our economy. they want high speed rail like in asia. they want transit systems that are safe and get people where they knead to go.
the big fight's going going to be over the debt ceiling limit. that's where the hard negotiations are going to be put out. and then they will probably be given a new number, and they'll have to revisit that bill that they've worked on in committee and meet the new number. so if that's what happens, it's probably a good thing. host: so first things first. guest: look, here's what each department or each function of government is going to be getting, and then work out what you think you can get, the most bang for the buck, so to speak. host: let's get to calls for you. we're going to begin with a call from los angeles. michelle is a democrat there. you're on for david keating of the club for growth. caller: given that you made the comments about t republican candidate mitt romney has developed an unshakable reputation as a flip-flop per uses federal powers to coerce taxpayers, and tim pawlenty is hard to pin down, who do you like? guest: well, what the club for we haveohas been doing, published a series of white papers on many of the presidential candidates, all of those that have d
years ago, had a reality show. she was at comic-con, a big event out in california. she actually got kicked out after her signing because she said her outfit was just a a little too sexy. >> how can you be too sexy for comic con? i thought a lot of guys hang out there. who's complaining? >> there's adrian on the left. on the right is the character she was supposed to be portraying. aeon flux. >> it looks like a pretty -- pretty close to me. >> it does to me. she is very, you know -- i had no problem with it myself, let's just say that. apparently comic con escorted her out, you're dressed too sexily for this event. >> talk to the guy who drew the comics. looks pretty similar to me. >> it's art. >>> now, "the jersey shore" has a new guest star. deejay pauly d. is all said to make a guest appearance on the show. i guess they need to spice it up a little bit. >> pauly's going to be on tour with britney for a couple of shows. >> that's right. >> tell me the amazing thing most kids on "the jersey shore" is absolutely staggering. from absolutely nobody to on doctor with britney spears. >>
on cutting a big deal to take us through five to ten years, not just five or ten weeks. the problem, it seems to me, yesterday was a good example of it. you have questions tweeted to the president of the united states, questions delivered from the real world about housing problems, about i'm losing my house, my mortgage, what are we going to do. not policy questions from washington media members. the problem is that the president is dealing with a number of people who don't live in the real world. for example, eric cantor. no matter how many times he's been on and how many times we talk about rescinding the bush tax cuts, he calls it a tax increase. go to the grocery store and milk is on sale for $3.25. the next week it goes up to $3.75. it's not a hike in price, it's reverting back to the original price. they don't live in the real world. they just don't. >> he'll be on this morning so you can ask him again. >> we will ask him again. >> i would like to ask him what it is they offered yesterday that was different. the president talked about boehner's question being skewed. i put the question
're now at the president's big deal target, which we're not going to meet under the gang of six or any of the other constructs around here, cancel the social security tax holiday, borrow the money one more year, invest it in infrastructure, put millions to work, when those millions go to work, they'll be paying taxes, that'll reduce the deficit by about another quarter. we solved 3/4 of the problem without killing programs essential to the american people and without cutting taxes on the job creators. the gang of six is proposing that billionaires should see their taxes cut by about 25% or 30% that will help us balance the budget. time to get back to the real world and out of "alice in wonderland." the speaker pro tempore: the gentleman's time has expired. the chair recognizes the gentleman from pennsylvania, mr. thompson, for five minutes. mr. tompson: thank you, mr. speaker. since 1947, every august, the little league baseball world series is held in pennsylvania within pennsylvania's fifth congressional district. each year, little league international recognizes little league gradua
do if they had a lot of time. they don't have a lot of time right now. >> that's the big question and the big factor at the center of all of this. they don't have a lot of time and they need to move both of these through both chambers of congress and somehow reconcile them, how they're going to do that. >> let me go back to the white house. it looks like these two plans, they're obviously a senate plan by majority leader harry reid and house plan by speaker john boehner. does the white house feel sidelined or left out of thf process? >> i had this question, too, and i talked with one official who said the president can't be sidelined. he is the president. he has the power of the veto pen. he's the one who says ultimately if something moves. although inthe thought is if he was given a plan that could get through congress, i think the thought is how could he do anything but sign it? but certainly the president and the white house have been very much in touch with senate democrats and the roll right now is that senate majority leader harry reid is pretty much the president's lifeline
targeted, it's basically not a big deal, now he's realized what a catastrophic error of judgment that was because the woman that's replaced him on this inquiry, sue acres, is saying up to 4,000 people could have been targeted by the newspapers. >> what about the implications that this is not just the now defunct "news of the world," but other papers? >> yeah. i think this is really significant and really bad news for news international. it's no longer just confined to "news of the world," the paper that they closed down, realizing it had become toxic as a brand. it's now spread to "the sun" and "sunday times." both so far have not been shown to have used phone hacking, but they have been shown to use what, at best, slightly underhand techniques, at worst illegal activities to get information. "the sun" is maintaining it got the medical records without breaking the law. "the sunday times" saying there was a legitimate public interest in looking into gordon brown's bank details and so on on a tip, but there was some sort of corruption there or something which was all proved to be u
culpable, that have gotten equally too big, too intertwined and too dangerous, frankly, for the public good, and we're not really addressing those. nor, by the way, are we really even doing much digging into what's gone on or what they've been involved with because there is a favorite whipping boy. >> thank you. >> but he's not, he's not defending goldman sachs. >> no, exactly. >> just so you know that. but -- >> what effect, if any, did repealing glass-steagall have on the crisis? [laughter] >> just a tiny little bit. [laughter] um, well, glass steigel, of course, was the depression-era law that served us very well for 66 years, i think it was. of course, they were, you know, the big financial institutions were chipping away at it for years. finally succeeded with the help of robert rubin to annihilate it altogether in the 1999. and there's a picture in the book of the signing of graham-leech-bliley which was the repeal of glass steigel, and everybody's smiling, and everybody's laughing, and greenspan is there clapping, and it's all a big love fest. and it really was the beginning of the e
and illinois because those are kind of the big jackpot states that are really driving each party's potential for gain. and then i have a question mark as far as which party's going to gape or lose a site, it could be a fair fight in states like iowa, new jersey and arizona. but i'm sure the five states we'll be talking a lot about this morning and i'll stop short from going in-depth on them are illinois, north carolina, which are both parties' opportunities for partisan capitalization on this redistricting, illinois for democrats, picking up, you know, potentially five or six seats, or four or five seats, republicans losing five or six in illinois, north carolina where i put republican gains at possibly three seats depending on the legal challenge to the map that republicans are proposing, and then california, where i think democrats, at the end of the day, will probably pick up two or three seats as a result of the untangling of california's uncompetitive lines at the moment. texas, where, you know, i expect it to either be a draw or republicans netting two seats depending on the legal chal
from st. louis to l.a. for their big beach vacation. they paid $1,200 for the tickets. and should get nearly $200 of it back. that can buy a lot of sunscreen. so if you're like that family and are flying between last saturday and until this mess is resolved in d.c., you are due a refund. what do you need to do? first of all, hang on to your receipt. second, e-mail your airline. they haven't decided yet if the airlines will pony up this money or if the irs will have to. that's one of many things still being sorted out in washington. ryan owens, abc news, dallas-ft. worth international airport. >> that story is phenomenally angering to many of us. save your receipts and get your money back. >> please do. what a big mess. all the people who have been furloughed, 4,000 workers have been furloughed since the faa was shut down. >> so much in washington not getting done, not being resolved, impacting all kinds of things. now you can't fly without getting screwed over a little bit. >>> walmart executives are thinking out the big box with their latest venture, streaming movies online. the worl
floor today to talk about the big deal. the big deal. every time i open up a newspaper, mr. speaker, this week it's been talking about the big deal. the big deal that's going on at the white house. i want to set the record straight here today. the big deal happened right here on the floor of this house when the only budget that's passed in all of washington, d.c. all year long, cutting $6 trillion in spending was passed by this body, mr. speaker. that's the big deal. $6 trillion agreed upon by this united states house of representatives. now, i know down at the white house they're talking about the big deal as $3 trillion in spending cuts. $6 trillion, mr. speaker. the big deal started right here. now, you know, mr. speaker, i'm a big fan of the open process we had in this house where every single member of the house of representatives come here and have their voice heard, offer their ideas heard and offer their opinions. i have a vote tally from that week voting on the budget. the congressional caucus came to the floor of this house, was debated, considered. it received 103 affirma
for big oil and wall street executives. this bill's actually more extreme than the republican budget passed in april calling for deeper cuts and more hardships for the middle class and older americans. in fact, this bill does nothing to create jobs, nor invest in the roads, bridges, clean energy technology and job training that would really get our economy moving. in short, h.r. 2560 will stifle growth, hurt middle class families and undercut america's seniors. in my district there are over 93,000 social security beneficiaries and over 85,000 medicare enrollees. on behalf of my constituents and for future generations i stand in strong opposition to this bill and the rule. i know that there are those on the other side of the aisle who want to support a reasonable plan to reduce the deficit. this is not the plan. i urge my colleagues on both sides of the aisle to reject this dangerous proposal and i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the gentleman from georgia. mr. woodall: mr. speaker, at this time i'm please
really big changes. we were there when he finally deliver the constitution. i think it was the 18th of june, and indeed he has really gone a long way relatively speaking when you are thinking of all the other monarchies in the arab world, toward beginning to share power. a couple of things are worth noting. he has committed himself to appointing a prime minister from the party that wins elections even if it is opposition or whoever it is. that is extraordinary when you think of what is going on in the other monarchies in the arab world. he has given the parliament much more power to enact laws, propose bills and enact laws. the prime minister is much longer. he is beginning to share security issues with a national security council that has civilians on it. so he is definitely beginning to move. exactly how this new constitution, how it will work out we don't know but at least he is beginning to move and king of morocco is way ahead of all the monarchs in the arab world. now i just want to finish on the development issue, and talk a little bit about the economic problems of egypt and
son would have killed himself rather than slaughter dozens of people. >>> bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! >>> the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs out of money and unable to pay its bills. in washington a stark message is delivered between the president and the speaker of the house. their parties are desperately divided and you and i are about to pay the price. we are covering all of the angles from wall street to the white house. ali velshi getting really creative and looking at the cost americans could face even before time officially runs out. of course, dan lothian with the politics and the posturing. ali, let's start with you. the markets open this hour, okay? how is the debt issue going to impact things today and the rest of the week? i know yesterday, you kept saying give me a little more time and i'll let you know when to worry but how many times can we say that? we are not worried yet. we are wat
. [ jack ] yeah, ts is pretty good. don't you have a big race today? don't worry, kevin, i've got it all covered. (cheering crowd) track announcer: and jamie mcmurray wins the brickyard 400. how'd we do? announcer: check out huge clearance savings at bass pro shops and our upcoming fall hunting classic. he was all like "oh no, i cannot do investing." next thing you know he's got a stunning portfolio. shhhh, you're welcome. [ male announcer ] e-trade. investing unleashed. >> all right. glad you're up. the debt ceiling deadline quickly approaching. we're less than one week away from possible default. so how will washington come together on a solution before tuesday's deadline? will they at all? former advisor to president bill clinton and author of "revolt" dick morris now joins us. dick, i know you have a lot to say about this and how this is all playing out. first off, as for the president, is this drama working for him? >> no. no, it's working against him. ultimately, whenever washington is a mess, it's the president that gets blamed for it. now, of course, republicans in congress get
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